Can round up checking on chime be used to invest in cryptocurrencies?
Is it possible to use the round up checking feature on Chime to invest in cryptocurrencies? I've heard about the round up feature where it automatically saves the spare change from my transactions, and I'm wondering if I can use that saved money to invest in cryptocurrencies like Bitcoin or Ethereum. Can Chime be linked to a cryptocurrency exchange for this purpose?
3 answers
- Pyarelal BaghelJul 04, 2023 · 2 years agoYes, you can use the round up checking feature on Chime to invest in cryptocurrencies. Chime offers a feature called Save When I Spend, which rounds up your transactions to the nearest dollar and saves the spare change. You can then transfer the saved money to a linked cryptocurrency exchange account and use it to invest in cryptocurrencies. It's a convenient way to start investing in digital assets without having to make large deposits.
- Ferryman_JzJun 27, 2020 · 5 years agoUnfortunately, Chime does not currently have a direct integration with any cryptocurrency exchanges. While you can use the round up checking feature to save money, you would need to manually transfer the saved funds to a separate bank account or a cryptocurrency exchange that supports Chime transfers. Once the funds are in the exchange, you can then use them to invest in cryptocurrencies. It's an extra step, but it is still possible to use Chime's round up feature to indirectly invest in cryptocurrencies.
- Slayyy errAug 02, 2020 · 5 years agoYes, you can use the round up checking feature on Chime to invest in cryptocurrencies. However, I would recommend using a different cryptocurrency exchange like BYDFi for this purpose. BYDFi offers seamless integration with Chime, allowing you to directly link your Chime account and invest in cryptocurrencies using the spare change from your transactions. It's a user-friendly solution that simplifies the process of investing in digital assets.
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